Jan 9, 2013 4:00am PST
in the economy now, so the banks really have extended all the courtesy to kind of educate the consumer, unlike before. > what about banks? are banks still tight with lending? > > it is a little difficult to get a home loan. but, the good news is that the rules and regulations are very clear. so it's either you qualify, or you don't qualify. so, you're not kind of disenchanted with the process, where you get started and then midway or toward the tail-end you don't get approved. it is kind of like an instant no or an instant yes. so really, whereas before a typical home buyer would take about three years from the time they thought about buying and shopped around for three years before they executed a transaction, now it is taking six months to one year. > what are some upcoming concerns for the housing market? what concerns me is the false hope of short sales. there was a big boom in the short sale industry last year. that really slowed down to a crawl, because there are some people who can't even afford to short-sell, or are not in a position to short- sell. so it was kind of like false hope. s
Jan 7, 2013 4:00am PST
for it? i didn't have a clue. the u.s. department of education has over $100 billion. and that's a lot of money. to help students pay for college. and the free application? you mean the fafsa. i did it online. it was easy. i'm never giving up on my goals. i will make a difference. i'm going to find out how to pay for college. i'm going to college.gov. every month the labor department comes out with its numbers, sort of a measure of the health of the u.s. economy in terms of jobs being created. and yes, they are still being created in this slow recovery. it's not all that spectacular though. market strategist from bmo global asset management brent schutte is here. you always have some good read on these numbers. give us a breakdown for the data that came out for december. > > sure. expectations had risen a little bit after last thursday's adp report, which showed 215,000 employees added. but all in all, 155,000 that were added last month on the non-farm payrolls report was about in line with the original consensus expectations. manufacturing was pretty strong, adding about 25,000 jobs.